Standard Chartered wants to do more in the cryptocurrency sector, solidifying its position through Zodia’s purchase of Elwood’s trading arm.
This rise in open interest indicates more people trading and speculating on Bitcoin price movements.
Deribit has over $2 billion in open interest in its perpetual and futures markets within the past 24 hours. Since 2020, the exchange has accounted for 70% of the $35.7 billion of the total $51.1 billion Bitcoin options trading volume in April 2024.
The broad crypto industry is expecting the green light for spot Ethereum ETF trading. It was earlier speculated that the Commission would give approval for the offering to go live on July 15 but it was not exactly so.
Attorneys representing both sides jointly stated that the settlement is an “integral and valuable component of the Debtors’ proposed Chapter 11 reorganization plan”.
Trump’s pivot toward crypto comes as he positions himself for another run at the White House. In May, his campaign began accepting donations in cryptocurrencies.
With the US elections just months away, experts predict heightened activity and increased speculation on Polymarket’s platform.
Aethir’s decentralized GPU power has been in strong demand with players like TensorOpera AI leveraging them to train a 750-million-parameter AI model for 30 consecutive days.
Wright’s actions have always drawn sharp criticism from the crypto community. In 2021, Ethereum founder Vitalik Buterin publicly called Wright a scammer.
Binance is celebrating its seven-year anniversary this month, hosting events, rewards, and merchandise giveaways for its users. CEO Richard Teng expressed his optimism for the future.
As part of its moves to expand its footprint in the crypto economy, Satoshi Protocol recently teamed up with Binance Web3 Wallet for a joint marketing campaign.
The launch of the ApeChain test network is an important step forward for the ApeCoin DAO and the larger BAYC.
Amid concerns about funds safety in exchanges, users have been advised to manage their digital assets using self-custodial wallets.
Such moves are often seen as a sign that these whales intend to hold their XRP for the long term, which can potentially support higher prices.
Krachunovsky believes that while blockchain cannot completely avert data breaches, it is a better way to store sensitive information.